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this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of continuing the tax breaks for the wealthy. now there's been very little progress here on chiapitol hill which is why so many have gone home. we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many lawmakers headed home and likely to face the ire of their constituents, we saw one protester in baltimore yesterday over social security. there are a few
this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of...
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the obama administration said it would not support the house bill. but one change can do it. when we know we need more young workers to support a rapidly ageing population, we could let more immigrant in. more immigrants total. it would be good for the economy. good not for nothing, for the immigrants. there is in reason it make immigration, not in america, particularly not when our birthrate is dropping. the fact that people want it come here, that is one of our greatest strengths. we should use it. joining me now, victoria difrancesco soto, thank four being here. >> thank you, ezra. >> you wrote, the removal of this class of visas puts on a dangerous slippery slope towards a restrictive and -- could you expand a bit on the history there? >> sure, regrettably we have a bit of a dark history in terms of immigration and excludeing people who we deem desirable and undesirable. starting with the chinese exclusion act, japan's agreement, excludeing japanese americans and getting into the 1920s, we have the national origin quotas where you start it see an outright exclusion of sou
the obama administration said it would not support the house bill. but one change can do it. when we know we need more young workers to support a rapidly ageing population, we could let more immigrant in. more immigrants total. it would be good for the economy. good not for nothing, for the immigrants. there is in reason it make immigration, not in america, particularly not when our birthrate is dropping. the fact that people want it come here, that is one of our greatest strengths. we should...
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and the obama administration just started ramping up prosecutions of this. this is unusual for me. >> yeah. do you agree, goldie? >> i do, except heroin is making a comeback and that's really unfortunate. but do i think the legalization of marijuana will increase its usage, i don't. people who want to partake, are already partaking. so i think that we ought to just remove the gloves, let people do what they want to do in the privacy of their own homes. free up our police to direct their things to things that are much more important. these people aren't going to get in the car and drive. hell, they can't even kind their far keys after a good joint. so the issue really is about criminalizing things and making a pathway for our young boys, chiefly boys, from the high school straight to prison. that pipeline is as straight as it's ever been. >> krystal, another change versus just a few years ago, same-sex marriage. here are the nine states plus d.c. where it is legal, another five states allow civil unions. you can see them there. poll numbers show it's growing
and the obama administration just started ramping up prosecutions of this. this is unusual for me. >> yeah. do you agree, goldie? >> i do, except heroin is making a comeback and that's really unfortunate. but do i think the legalization of marijuana will increase its usage, i don't. people who want to partake, are already partaking. so i think that we ought to just remove the gloves, let people do what they want to do in the privacy of their own homes. free up our police to direct...
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like when they said the only way the unemployment numbers could be going down was if the obama administration cooked the books.
like when they said the only way the unemployment numbers could be going down was if the obama administration cooked the books.
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and for the obama administration, the question is, is it in their interest to trade tax cuts for the wealthy? increase for the wealthy for raising the age for eligibility for medicare, for example. i'm not sure that that's a trade that they are eager to make immediately. >> let me show you the side by side comparison. the president wants $1.6 trillion in revenue and republicans want to cap the same deductions for the rich but republicans want to change the age to 67 and change the way they calculate social security payments. i wonder, though, when we look at these numbers, are we that far apart in. >> i think they are definitely rather far aare part at this moment in time. yeah, absolutely. >> so there are so many ways that any of this could affect the average tack payer, obviously if taxes go up. but what about funding to states and localities. i know that one of the things that they are concerned about is that when you make cuts, that essentially those cuts are going to come on their budgets. what could happen in a meeting like this between bipartisan governors and the president? >
and for the obama administration, the question is, is it in their interest to trade tax cuts for the wealthy? increase for the wealthy for raising the age for eligibility for medicare, for example. i'm not sure that that's a trade that they are eager to make immediately. >> let me show you the side by side comparison. the president wants $1.6 trillion in revenue and republicans want to cap the same deductions for the rich but republicans want to change the age to 67 and change the way...
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up until now the obama administration's record on whistle blowers has been problematic. as they highlighted in an august document defending the administration's record on leaks, they have prosecuted twice as many cases under be the espionage act as all other administrations combined. the obama administration's history of aggressively prosecuting leakers has dissturkd lawmakers and activists from the left and right because of the essential role of whistle blowers in rooting out malfeasance. barack obama has managed to both prosecute a record number of leakers and sign genuine concrete legislation to protect whistle blowers. now who deserves whistle-blower protections is up for debate and the meaning for that as well. no case illustrates that more acutely than bradley manning. the army private who is accused of leaking classified documents to wikileaks. he testified about his detention over the past two years. joining me is daniel brian, a.l. press. author of "beautiful souls, saying no." ." ed pilkington. he's been covering the trial and zachary iskole. he's a former mari
up until now the obama administration's record on whistle blowers has been problematic. as they highlighted in an august document defending the administration's record on leaks, they have prosecuted twice as many cases under be the espionage act as all other administrations combined. the obama administration's history of aggressively prosecuting leakers has dissturkd lawmakers and activists from the left and right because of the essential role of whistle blowers in rooting out malfeasance....
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amid reports the obama administration is preparing to recognize syria's opposition council as the legitimate representative of the people, clinton notes rebels are now able to hold their ground and take the fight to government forces. >> we have been deeply involved in helping to stand them up, and we're going to carefully consider what more we can do. >>> and on iran's nuclear ambitions, clinton says with the u.s. election over, now's the time to see if there's any hope for negotiating in good faith. >> there is still a window of opportunity to reach some kind of resolution. >>> and back here to main street, usa, a couple of great stories for you. yesterday in sandy-stricken new jersey and new york, a secret santa was handing out $100 bills. the anonymous missouri man sought out people who had been devastated by hurricane sandy. and while he plans to hand out $100,000 in total, he says it's not about the money. it's about committing random acts of kindness. >>> speaking of random acts, this new york city police officer did something incredibly kind for a homeless veteran in need. and he did
amid reports the obama administration is preparing to recognize syria's opposition council as the legitimate representative of the people, clinton notes rebels are now able to hold their ground and take the fight to government forces. >> we have been deeply involved in helping to stand them up, and we're going to carefully consider what more we can do. >>> and on iran's nuclear ambitions, clinton says with the u.s. election over, now's the time to see if there's any hope for...
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the senate is sitting there and they have passed a tax cut extension program that the obama administration wants. it would essentially lay the groundwork for a quick fix to this fiscal cliff. >> sam stein, "huffington post," good to have you with us. >> go giants. >> stop that. >> had to do that. >> remember to answer tonight's question at the bottom of the screen. share your thoughts on twitter @edshow and on facebook. >>> coming up, mitch mcconnell saying raising limits. we're talking about what will happen if the parties don't come to a deal. a record number of filibusters. john boehner is fighting to keep it that way. we'll tell you what that's about. >>> fast food workers stage the largest strike in their history. we'll show you what they hope to accomplish here in the big apple. >>> and later the white house releases the first beau obama christmas video. it's much better than the old barney camp videos and we have the tape to prove us. share your thoughts on facebook and twitter. we're coming right back. of ta. it's changing the conversation. ♪ or that printing in color had to cost
the senate is sitting there and they have passed a tax cut extension program that the obama administration wants. it would essentially lay the groundwork for a quick fix to this fiscal cliff. >> sam stein, "huffington post," good to have you with us. >> go giants. >> stop that. >> had to do that. >> remember to answer tonight's question at the bottom of the screen. share your thoughts on twitter @edshow and on facebook. >>> coming up, mitch...
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is this the fight that the obama administration really wants to take up freshly inaugurated, freshly into its new term to try to map out big, bold leadership instead of digging these trenches down the line that are going to have pitfalls and stakes all buried in it? >> i come from the school of thought that this country has overcome a lot more than just a few extra dollars. i do believe that this economy will continue to thrive, this economy will continue to move forward. i don't believe that we're going to go into a huge, deep recession again if these bush tax cuts expire. i do believe that you can strengthen the economy if you let everything go off the cliff and come back and put in front of the american people and do a better job for the economy. there's up side either way you go. the president has got boehner in an untenable position. he doesn't have very many avenues to a victory right now but he's got a good escape, thomas. all john boehner has to do to exit out of this quickly is to say he won the election, we didn't, the american people in every survey say this is where we're
is this the fight that the obama administration really wants to take up freshly inaugurated, freshly into its new term to try to map out big, bold leadership instead of digging these trenches down the line that are going to have pitfalls and stakes all buried in it? >> i come from the school of thought that this country has overcome a lot more than just a few extra dollars. i do believe that this economy will continue to thrive, this economy will continue to move forward. i don't believe...
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. >> breaking news, there is no job for mitt romney in the obama administration but mitt romney will get to full full a lifelong dream tomorrow. he is going to walk into the white house, not the way he wanted it. president obama is keeping a promise he made on election night by having a private lunch with romney on thursday. a few weeks ago, president obama said romney could actually bring something to the table. >> i do think he did a terrific job running the olympics. that skill set applies to the federal government. >> turns out, romney doesn't have an eye on helping the country. he is helping to move on into an office at his son, tag's private equity firm. it is unclear what role he will be playing. he spenlt the last seven years running to serve his country and now he is going back to the private sector. he is not out serving the public or helping the country move forward. this just underscores everything we thought about mitt romney. all he cares about is money. good for him. >>> romney campaign strategist, stuart stevens is complaining about the loss. he wrote that mitt romney
. >> breaking news, there is no job for mitt romney in the obama administration but mitt romney will get to full full a lifelong dream tomorrow. he is going to walk into the white house, not the way he wanted it. president obama is keeping a promise he made on election night by having a private lunch with romney on thursday. a few weeks ago, president obama said romney could actually bring something to the table. >> i do think he did a terrific job running the olympics. that skill...
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the obama administration could announce appointments to his national security team some time in the next two weeks. according to administration officials and john kerry's name obviously is floated for two positions, secretary of defense and secretary of state. joining john kerry on the short list to replace leon panetta at the pentagon is former republican senator chuck hagel who met with president obama at the white house this week. as for hillary clinton's position at the state department, the national journal reports that president obama is, quote, genuinely conflicted over whether to pick kerry or united nations ambassador susan rice. president obama said yesterday that republican attacks against susan rice will not influence his decision. jo ari, what do you make of the chuck hagel situation with his name floating into the mix now? >> i thinkç it's a good faith efforts to take in a wide range of views. we know that president obama in his first term, obviously, went with secretary gates despite his ties to republican foreign policy. hagel is more of a progressive voice, but i'm not
the obama administration could announce appointments to his national security team some time in the next two weeks. according to administration officials and john kerry's name obviously is floated for two positions, secretary of defense and secretary of state. joining john kerry on the short list to replace leon panetta at the pentagon is former republican senator chuck hagel who met with president obama at the white house this week. as for hillary clinton's position at the state department,...
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administration. >> i guess he's proof that you can be a billionaire and not particularly clef. ken vogel and professor dyson, i'm sorry, ken's feed to us has broken down but we're grateful to his contribution as always. >>> next, has fox news put a sock in two of the right's biggest mouths? stay with us. >> where is your -- this proposal is an inassault. this is is like stalin [ bleep ] the bald eagle. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan...
administration. >> i guess he's proof that you can be a billionaire and not particularly clef. ken vogel and professor dyson, i'm sorry, ken's feed to us has broken down but we're grateful to his contribution as always. >>> next, has fox news put a sock in two of the right's biggest mouths? stay with us. >> where is your -- this proposal is an inassault. this is is like stalin [ bleep ] the bald eagle. want to try to crack it? yeah, that's the way to do it! now we need a...
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. >> that's from a new video by the obama administration designed to get the public on the president's side of this tax fight. the president took to twitter today to answer questions about the fiscal cliff. one person asked whether deductions for homeowners are at risk to which the president responded, breaks for middle class important for families and economy. if top rates don't go up, danger that middle class deductions get hit. signed "bo." yesterday house speaker john boehner said this on fox news. >> listen, nobody want to go over the cliff. that's why the day after the election i tried to speed this process up by making a concession to put revenues on the table. it's unfortunate that the white house has spent three weeks doing basically nothing. you know, the president's idea of a negotiation is, roll over and do what i ask. >> and on "meet the press" yesterday grover tried to change america's mind about who to blame if we do go off the cliff. >> tea party 2 is going to dwarf tea party one if obama pushes us off the cliff. let's not pretend who's pushing us offer the cliff. >> bu
. >> that's from a new video by the obama administration designed to get the public on the president's side of this tax fight. the president took to twitter today to answer questions about the fiscal cliff. one person asked whether deductions for homeowners are at risk to which the president responded, breaks for middle class important for families and economy. if top rates don't go up, danger that middle class deductions get hit. signed "bo." yesterday house speaker john...
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well, elsewhere president obama could name his choices for two top cabinet posts in the next two weeks. one of those jobs may very well go to a republican. senior administration sources say former nebraska senator chuck hagel is on the short list for defense secretary. hagel met with the president this week. he's thought to be one of four finalists on a list that includes massachusetts senator john kerry, kerry is also being mentioned as a possible successor to secretary of state hillary clinton if president obama doesn't pick u.n. ambassador susan rice. >>> elsewhere, president obama has drawn a hard line on tax increases for the wealthiest of americans. rejecting an offer that republicans claim is as good as it's going to get. tracie potts joins us with the latest on this. good morning. >> reporter: right now it's looking more likely that we could, could, go over that fiscal cliff at the end of the month because right now, negotiations here are at a stand still. president obama talks to the business round table today after telling bloomberg he absolutely won't bunch. the wealthiest a
well, elsewhere president obama could name his choices for two top cabinet posts in the next two weeks. one of those jobs may very well go to a republican. senior administration sources say former nebraska senator chuck hagel is on the short list for defense secretary. hagel met with the president this week. he's thought to be one of four finalists on a list that includes massachusetts senator john kerry, kerry is also being mentioned as a possible successor to secretary of state hillary...
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we have an opportunity to administrator years of solvency to medicare and medicaid. we need republicans to sit down at the table and embrace the notion you need a balanced approach. they need to send that middle class tax cut extension bill to the president's desk. >> what, if anything, does today's jobs report do for the president's hand in these negotiations? >> it just continues to add to the idea that we continue to make slow and steady progress. that we need to make more progress, and that you can see that although we've created jobs in the private sector i think for 33 straight months, you have a fragile recovery that we know a fiscal cliff would really impact in a dramatic way. we want to make sure we aavovoi that. we have an easy, no-brainer thing to do to give that certainty and another shot in the arm to the economy. and that is extend the middle class tax cuts. simple, no-brainer thing to do we agree on. >> really quickly here. ten seconds before we get out of here. how wide is the chasm between all of the public posturing we see and hear about, how wide t
we have an opportunity to administrator years of solvency to medicare and medicaid. we need republicans to sit down at the table and embrace the notion you need a balanced approach. they need to send that middle class tax cut extension bill to the president's desk. >> what, if anything, does today's jobs report do for the president's hand in these negotiations? >> it just continues to add to the idea that we continue to make slow and steady progress. that we need to make more...
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. >> that's very -- >> you did mention on the list one of the things that the obama administration loves to talk about which is government investment in green technologies. we keep hearing we can't concede the next decade of things like solar panel technology to the chinese, henceforth we have to invest in companies like sillinger. is that true? >> it's true, i think,a gross sense. the chinese have been pouring money into pharma and aerospace. the u.s. needs to sort of invest in this to stay even at least with the chinese. discussing mainly small, private startups. and i think a lot of these will spin out of the clean energy industry. sustained government investment in industries of the future, i think, is important. >> i was going to say if china is becoming more expensive because people are asking for higher wages, didn't we see the same thing when japan was a low-wage country, hong kong, isn't there always going to be a country like bangladesh with lower wages that production will shift, too? >> possibly, except china is so much a category of its own. the scale is the biggest in the w
. >> that's very -- >> you did mention on the list one of the things that the obama administration loves to talk about which is government investment in green technologies. we keep hearing we can't concede the next decade of things like solar panel technology to the chinese, henceforth we have to invest in companies like sillinger. is that true? >> it's true, i think,a gross sense. the chinese have been pouring money into pharma and aerospace. the u.s. needs to sort of invest...
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. >> and the obama administration is saying what the united nations did unilaterally was a setback. do you agree with that? the body i represent is split. some people are in favor of the u.s. vote. the truth of it, the only thing that will work to deliver a palestinian state side-by-side with a secure state of israel is peace. as you can see we have a chance now. the president has been re-elected. i know he's deeply personally committed to this and we just have to regrip it, i'm afraid. >> what's gone wrong? >> it's partly because there's so much turmoil in the region right now. it's how each side views its own prospects. >> how would you characterize a credible negotiation given the fact as long as we've been alive there's been these problems that keep erupting and never, ever get solved? we've been trying for 20, 30 years. it was 50, 60 years before we got one that worked. and actually back in the year 2000, and again in 2008, you have no option in the end. the only thing that works is to make it credible if we shape the negotiations. give it some shape so that we can see this is
. >> and the obama administration is saying what the united nations did unilaterally was a setback. do you agree with that? the body i represent is split. some people are in favor of the u.s. vote. the truth of it, the only thing that will work to deliver a palestinian state side-by-side with a secure state of israel is peace. as you can see we have a chance now. the president has been re-elected. i know he's deeply personally committed to this and we just have to regrip it, i'm afraid....
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"the new york times," the obama administration reportedly considering a variety of options to put an end to the violence in syria including sending direct aid and providing surface-to-air missiles to turkey. the decision to send missiles to turkey could come as early as next week according to "the times." >> "wall street journal," federal reserve likely to keep in place policy decisions made earlier this year in an effort to further boost the economy. in the fed ace latest report, says the economy grew at, quote, measured pace over the past two months, still the central bank hinted that -- i can't see. >> you've got to get those glasses on, donnie. poor guy. >> continuation of purchasing -- >> this is not a vanity moment, donnie. >> put the glasses on. you're not even on camera. oh, they're reading glasses. that was reading. >> that's why i'd never replace brian williams. >> yeah, it's just the glasses, really. "the detroit news," the auto industry has good reason to be optimistic despite the threat of the fiscal cliff. sales numbers expected to hit a four-year high when they're anno
"the new york times," the obama administration reportedly considering a variety of options to put an end to the violence in syria including sending direct aid and providing surface-to-air missiles to turkey. the decision to send missiles to turkey could come as early as next week according to "the times." >> "wall street journal," federal reserve likely to keep in place policy decisions made earlier this year in an effort to further boost the economy. in the...
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the obama administration has basically -- basically, they are tony blair to george w. bush's margaret thatcher. they have said, we have to keep 98% of the bush tax cuts in place for the betterment of the economy. >> it's so much bigger than that. >> they have won. >> republicans won. >> we have won. tax breaks. >> so to give a couple of percentage points to 2% of people. >> it could be so much bigger because the conversation has been shifted to how do we reduce our deficit. >> brian sullivan, thank you so much. greatly appreciate your insights. thanks for being with us on "way too early." you can catch brian on cnbc's "street signs" at 2:00 p.m. he is the hardest working man in show business, or at least on the other side of the river. >>> coming up this morning, we've got republican senator tom coburn. can't wait to talk to tom. also, tom cole will be here on set. that's great. we're going to ask him what he was thinking last week. i'm joking. congressman. also, democratic senator claire mccaskill. can you believe this? and congressman chris van hollen. also, we're go
the obama administration has basically -- basically, they are tony blair to george w. bush's margaret thatcher. they have said, we have to keep 98% of the bush tax cuts in place for the betterment of the economy. >> it's so much bigger than that. >> they have won. >> republicans won. >> we have won. tax breaks. >> so to give a couple of percentage points to 2% of people. >> it could be so much bigger because the conversation has been shifted to how do we...
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"the new york times," the obama administration secret arms shipments to qatar to help overthrow moammar gadhafi. according to "the times," some of those weapons were turned over to islamic militant groups. the support from qatar helped destabilize gadhafi's regime, but american officials remain concerned over where the arms ended up. >> "the wall street journal," egypt descending into political turmoil after another night of intense clashes on the doorsteps of the presidential palace. it's the largest confrontation since the revolution that overthrew hosni mubarak. critics say he's rushing through a constitution with an islamic agenda. >>> u.s. and russian senior diplomats will meet today with the united nations peace envoy for syria in an attempt to end the civil war there. this comes as pentagon sources tell nbc news there is intelligence suggesting the syrian government has loaded sarin gas into aerial bombs and awaiting command from president assad for its use. >>> and from our parade of papers, "the san francisco chronicle," american jazz legend dave brubeck died just short of his
"the new york times," the obama administration secret arms shipments to qatar to help overthrow moammar gadhafi. according to "the times," some of those weapons were turned over to islamic militant groups. the support from qatar helped destabilize gadhafi's regime, but american officials remain concerned over where the arms ended up. >> "the wall street journal," egypt descending into political turmoil after another night of intense clashes on the doorsteps...